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DELTACORP Q4 Results 2024

The Delta Corporation released its Q4 report on May 7th with 154.03 crore rupees in income, which has risen 17.07% compared with the previous quarter. 

by Damodharan N

Updated May 08, 2024

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DELTACORP Q4 Results 2024

Delta Corporation  

Delta Corporation, which started as a textile and real estate consultancy company in 1990, later switched its operations and entered the gaming (casino gambling) and hospitality sectors in 2006–07.

The company operates in Goa, Sikkim, Daman, and Nepal. The company has 13 subsidiaries and one associate company. The group also operates in online gambling with the poker site Adda 52. The company is trying to increase its foot print with major tourist hotspots. 

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DELTACORP Q4 Results 2024

The Delta Corporation released its Q4 for March 2024 with a total income for both the gaming and hospitality sectors of 154.03 crore rupees and a profit before tax of 109.12 crores.

If we compare these figures with the previous quarter of the same year, then total income has risen by approximately 17.07% and profit before taxes has risen by approximately 147.43%.

The company's two main verticals, gaming (gambling) and hospitality, have shown medium to modest growth, with 22.31% approximating growth for the gaming industry compared to the previous quarter and 2.43% approximating growth for hospitality in that same quarter. 

We have given the figures for the Q4 Results for 2024 in the table form below.

Particulars

Q4 Mar 2024 (₹ Crores)

Q4 Mar 2023 (₹ Crores)

Year Ended Mar 2024 (₹ Crores)

Year Ended Mar 2023 (₹ Crores)

Income from Operations

       

- Gaming Operations

127.92

104.58

584.81

545.42

- Hospitality

13.60

13.93

50.85

48.64

Net Sales/Revenue

141.52

118.51

635.66

594.06

Other Income

12.51

13.09

39.09

32.01

Total Income

154.03

131.60

674.75

626.07

Expenses

       

- Cost of Material Consumed

11.40

8.60

45.79

42.77

- Employee Benefit Expenses

24.61

23.19

94.66

83.29

- Depreciation and Amortization Expenses

8.80

7.63

37.04

30.50

- License Fees & Registration Charges

11.86

11.92

47.97

47.04

- Finance Costs

2.08

0.65

5.26

2.98

- Other Expenditure

44.54

35.48

171.63

151.41

Total Expenses

103.77

87.51

403.24

356.93

Profit Before Exceptional Items and Tax

50.26

44.09

271.51

269.14

Exceptional Item

58.86

 

58.86

(3.55)

Profit Before Tax

109.12

44.09

330.37

265.59

Tax Expenses

22.44

5.10

76.93

49.69

Profit for the Period/Year

86.68

38.99

253.44

215.90

Other Comprehensive Income/(Loss)

       

- Items that will not be reclassified

35.97

(21.81)

80.21

(32.87)

- Items will be reclassified

       

Total Other Comprehensive Income/(Loss)

35.97

(21.81)

80.21

(32.87)

Total Comprehensive Income for the period/year

122.65

17.18

333.65

183.03

Paid-up Equity Share Capital

   

26.78

26.76

Other Equity (Excluding Revaluation Reserve)

   

2,445.63

2,143.43

Basic and Diluted EPS (₹)

- Basic EPS

3.24

1.46

9.47

8.07

- Diluted EPS

3.24

1.45

9.47

8.05

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DELTACORP Q3 Results 2024

Particulars

Dec-23

Revenue (in Cr.)

147.19

Other Income (in Cr.)

8.51

Total Income (in Cr.)

155.70

Expenditure (in Cr.)

-92.91

Interest (in Cr.)

-1.55

PBDT (in Cr.)

62.79

Depreciation (in Cr.)

-9.26

PBT (in Cr.)

53.53

Tax (in Cr.)

-12.40

Net Profit (in Cr.)

41.13

Equity (in Cr.)

26.78

EPS

1.54

CEPS

1.88

OPM %

43.71

NPM %

27.94

  • EPS: Earnings Per Share
  • CEPS: Cash Earnings Per Share
  • OPM %: Operating Profit Margin Percentage
  • NPM %: Net Profit Margin Percentage
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Delta Corporation Board of Directors Meeting Outcomes 

Delta Corporation held its board of directors meeting on May 7th at 4:00 p.m. and concluded at 6.55 p.m. to discuss and approve the following: 

  • The financial and audited report for March 31st, 2024. And financial year 2023–24.
  • The final dividend of Rs. 1.25 per equity share will be shared after the annual general meeting approval. 

Apart from these two, the May 8th company board is joining the real estate development platform with Alpha Alternatives LLP and Peninsula Land Limited with an approximate 11.76% share percentage by Delta Corporation in the real estate development platform, which amounts to 90 crores. 

DELTACORP Q4 Results 2024 - FAQs

1. When did Delta Corporation release its Q4 report?

Delta Corporation released its Q4 report on May 7th, after a board of directors meeting.

2. What is the net income for the gaming vertical of Delta Corporation for the 4th quarter?    

The net income is 127.92 crores for the 4th quarter of 2023–24.

3. What is the dividend amount decided by the board?  

The dividend amount is Rs. 1.25 per equity share after due approval at the AGM.

4. When will the AGM be held?  

It has not yet been communicated to BSE, but it will be held at a future date. 

5. What is the percentage of shares that are going to be held by Delta Corporation on the real estate platform?  

The 11.76% share is going to be held by Delta Corporation on that real estate platform.

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